Why Hawkins Stock Surged 5% Today

Defying today's market downturn, water treatment company Hawkins (HWKN) saw its shares move higher on Monday after announcing it has acquired all the assets of rival water treatment chemicals and equipment company Amerochem. As of 12:25 p.m. ET, Hawkins stock is up 5.6%.Hawkins swoops in"Amerochem has built an incredible business over the past 30 plus years," explained Hawkins CEO Patrick Hawkins, "and has great relationships with its customers, suppliers and employees" that Hawkins intends to maintain and ...